Stevenson encourages you to explore all options for financing your child’s education. Affording a quality education does take some planning, and most families employ several strategies to keep the costs within reach.
Stevenson requires that the full tuition amount be paid in full July 15 - prior to the start of each new school year. However, we recognize that for many families paying the tuition at one time is not feasible. Loan programs are available to help families meet tuition costs. Families can arrange loans through nationwide loan and financing programs. Monthly tuition financing plans are also available through a local bank and allow families to pay for tuition over twelve months.
Listed below you will find monthly payment and loan options.
Monthly Tuition Financing Plans
Tuition Financing Program for Independent Schools
Provider: Santa Barbara Bank & Trust
Program highlights: personal, unsecured loan for up to a maximum 12 month term, interest rate of 9.75% (APR 12.27%*), $200 loan fee, up to a maximum of $50,000
Contact information: Kathy DiMaggio (Monterey Office), 831-658-4603
*APY based on sample loan of $15,000 at a 12-month term
Provider: Springstone Financial, LLC
Program highlights: lower monthly payments than billing plans; repay on your schedule, 24-84 months; low fixed rates - lower than personal bank loans; no down payment or application fee
Address: Your Tuition Solution, 2 Park Central Drive, Suite 100, Southborough, MA 01772
Download our Affordability Brochure for more information.